New York Markets After Hours

Kesa Electricals posts comparable sales rise of 6.4%

SarahTurner

LONDON (MarketWatch) -- Kesa Electricals
uk:kesa
which sells TVs, computers and white goods in Darty, Comet and BUT stores across Europe, said Thursday that its local currency comparable sales rose 6.4% in the period from Nov. 1 to Jan 8. Total sales rose 7.3%. Kesa said that all of its businesses delivered good sales growth helped by strong demand for new technologies, particularly flat screen televisions and multi media, and the continued return to positive growth for white goods such as refrigerators. Kesa noted that revenue growth at its Comet stores in the U.K. was particularly strong, up 7.5% on a comparable basis. Margin mix in the company followed trends observed throughout the year Kesa said.

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